NFA Transfer Question

bk0331

November 04, 2013 13:58

I am a private individual and own an NFA firearm on a Form 4. It is my understanding that if I want to transfer it, it must be transferred on a Form 4 and the tax paid regardless if the buyer is an individual, trustee, or class 3 dealer. Am I correct? Thank you.

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  TaiChi

  November 04, 2013 14:18

  Yes. Once a NFA weapon has a tax stamp it always has a tax stamp.

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  llama

  November 04, 2013 15:55

  Unless you die. Then your lucky designee gets a one time tax free transfer on it.

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  fiftyyrds

  November 05, 2013 00:17

  quote:Originally posted by llama
  Unless you die. Then your lucky designee gets a one time tax free transfer on it.
  but the transferee still must get the sign off or chief law enforcement officers signature or form a trust.

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